Tradeweb Markets Inc.

For the period ended Mar 31, 2026. Filed Apr 29, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 29, 2026

TW$129.63+1.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income for the and

Condensed Consolidated Statements of Income

	Three Months Ended
	March 31,
	2026	2025
Revenues
Transaction fees and commissions	$523,833	$421,344
Subscription fees	60,273	55,777
LSEG market data fees	26,742	28,925
Other	6,916	3,631
Total revenue	617,764	509,677
Expenses
Employee compensation and benefits	197,793	176,877
Depreciation and amortization	60,709	62,699
Technology and communications	39,549	28,728
General and administrative	11,944	19,740
Professional fees	12,324	12,458
Occupancy	8,192	5,074
Total expenses	330,511	305,576
Operating income	287,253	204,101
Interest income	17,451	13,849
Interest expense	(624)	(587)
Other income (loss), net	(1,156)	4,221
Income before taxes	302,924	221,584
Provision for income taxes	(69,757)	(53,279)
Net income	233,167	168,305
Less: Net income attributable to non-controlling interests	27,883	19,923
Net income attributable to Tradeweb Markets Inc.	$205,284	$148,382
Earnings per share attributable to Tradeweb Markets Inc. Class A and B common stockholders:
Basic	$0.96	$0.70
Diluted	$0.96	$0.69
Weighted average shares outstanding:
Basic	212,685,136	213,087,496
Diluted	213,324,648	214,895,418

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.